The crash of world oil prices can create great pressure for principals and suppliers to take a commercial decision to walk away from contracts as a result of market conditions. Should a party find themselves facing a contractual termination issue, there are some basic points to consider which may help to put you in the best position possible.
A recent judgment from the Commercial Court in
London established a new principle of law, in one of the cases brought by Clyde & Co’s dispute resolution team in Dubai ...
Philip R Wood QC (Hon) is head of the Allen & Overy Global Law Intelligence Unit, and visiting professor at the universities of Oxford, Cambridge and London. Here, he takes us through the evolution and growth of law, the management and mitigation of legal risk and the impact population growth and GDP have on emerging markets and debt.*
Kroll’s 2013/14 Global Fraud Report, prepared in conjunction with the Economist Intelligence Unit, surveyed 901 senior executives from around the world. This document includes an overview of the results and a thought piece on what the results mean for businesses globally. (To subscribe for the full report, visit http://fraud.kroll.com/registration/)
The legal profession that Professor Richard Susskind OBE has been observing since 1981 is ‘on the brink of fundamental change’. He predicts that the practice of commercial law in particular, will be almost unrecognisable in 15 years from what it is today. Inevitably, in-house counsel teams are not immune. But with change comes opportunity ...